, 1887-02-04

the money shall be Immediately with
drawn from the risks Of your business
shall bring an action against YOU In chan
Gerry said Jack, quietly.
Uncle Josiah was too much upset and
startled to make any reply to this, and
his nephew, observing that he might wish
to think the matter over, took his leave,
remarking that he would call the next
day for his decision. Left to himself, old
Josiah passed a very uncomfortable quar-
ter OF an hour in painfully realizing the
full force of his ncphew's demand The
fact was that, though his deceased broth
er's fortune was intact, the withdrawal
of so large a sum of capital from his bust
ness ut themoment was exceedingly incon-
venient. Old Josiah was not so rich rs
was commonly supposed, and his nv
aricious nature had induced him to in
dulge in stock exchange speculations,
with disastrous results. Consequently he
had found the trust funds more than use
full, and, in fact, almost indispensable, to
the conduct of his business. To be called
upon to invest this money in al author
lied way was a most unpleasant request,
and il is probable that Jack little foresaw
how full and complete was his retaliation
for his uncle's h%arshness.
Old Josiah, however, where his pocket
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way easily, and, after II sleepless night,
he came to the conclusion that he might
safely put his nephew Off with promises,
and invest the money properly at n more
convenient period. BESIDES, he could not
believe that his brothers son would 60 to
law to compel him t. remedy what was,
nfter all, only II technical breach of duty.
He therefore wrote his nephew a brief let
ter, stating coldly tina. as soon rs paying
investments could be found the money
should be applied according to the strict
letter of the trusts of the will, and that,
in the meantime, there was no occasion
for him to call.
Two days later, however, old Josiah
was %dismayed at receiving a writ, issued
On behalf of his sister-in-law and her
children in the chancery division, praying
for an account of Investments and other
Inquisitorial details connected with the
trust. The old gentleman, who, in his
calmer moments, had wondered whether
the demand for the reinvestment of the
trust funds was the full extent Of the ven
geance which his nephew had threatened,
now began to feel uneasy about his ulti-
mate intentions. Upon the whole, he de
cided that IL would be best to face the
situation by Withdrawing and raising the
necessary amount from his business with
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convenience and publicity OF an action in
which he must ultimately be defeated.
He therefore made his arrangements, and
in the course of II few days after receiving
the writ he had invested the whole of his
brothers fortune in consols.
II may be imagined that the trouble
and annoyance which this involved were
not calculated to improve old Josiah's
sentiments toward his nephew, 50 that
when Jack paid him u visit shortly after
ward he was boiling over with wrath and
indignation.
"How dye do, Uncle .JosiahSn said Jack,
cheerfully. 1--WE called to see IL we can
come to terms about this wretched action
The money is all invested in c%onsols,'
snarled old Josiah, land your mother will
get 3 per cent. instead of .. l hope you
are satisfied with your cleverness -
80 far, SO good. As to my mothers
income, of course / shall take care she
shall not suffer, ~ replied Jack, with quiet
confidence, which caused his uncle to open
his eyes. Il hope now uncle, that be
tween us-you and me-we h be able
to manage the matter a~micably."
What do you mean, What natter
demanded old Josiah, who had come to re
gard his nephew with highly fiattering re
respect for his acuteness.
vi tOurSc lnt uNtSlmtul Ol lHt money
upon proper security is the main thing
said Jack in a matter-of-fact tone. But
there still remains the other point. How
about the profits you have made out of my
fathers honey beyond the o per cent. you
have paid my mother Every farthing of
that has To be for and re
funded. -
"whatr' exclaimed old Josiah, becom
ing positively ashen.
Assuming you have made only another
8 per cent. per annum on my ather's
money, that will amount to II good many
thousand pounds after all these years,
Uncle Josiah, - said Jack, making a hasty
calculation on n slip of paper and throwing
1t across the desk.
'Poohi absurd ridiculousf" calculated
the old gentleman, dropping the paper
after CHANGING at it, as though it had
burned his fingers.
1T is II matter of figures, of course"
said Jack, quietly. "A few hundreds one
way or the other won't materially affect
the total. Whatever it may be, the law is
clear, and You will have to refund the
amount"
But surely you mother and all of you
don't mean to ruin me, as the whole of
your fathers fortune is at the present mo-
ment in consols, and 8 per cent. interest
has been punctuaNy paid" said old Jo-
siah, quite pitcously.
Cant we strike II bargain, uncle p
said Jack, earnestly. My mother and
all of us consider that, as my fathers eld-
est son, | have II moral claim to be taken
into this business, maintained as it has
been all these years with my fathers
money. Will you give II small share rs II
set of against this heavy liabilii
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